U.S. IT Services Market: Trends, Innovations, and Growth Forecast
The U.S. IT services market size was valued at USD 405.7 billion in 2023 and is projected to grow at a CAGR of 7.9% from 2024 to 2030. The penetration of big data analytics, artificial intelligence, the Internet of Things (IoT), and machine learning (ML) has brought a paradigm shift in the business landscape. Besides, the surging demand for robust cybersecurity solutions amidst privacy protection concerns has encouraged stakeholders to inject funds into IT services. Incumbent companies are likely to innovate and capitalize on technology advancements and data availability. American consumers have exhibited a notable trend for cloud-based solutions and software-as-a-service (SaaS). Businesses have sought advanced services to foster automation and streamline the supply chain. The use of business intelligence and cloud technologies has become pronounced across the U.S. Digital tools have gained ground to foster cost savings, gain insights in...